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Torrent To Build ‘Future Brazil’ In Mexico, Open To Acquisitions In India

Januvia Generic Sees Strong Competition

 
• By Vibha Ravi

Torrent is upping its ambitions in Mexico, the second-largest market in Latin America, where it is to set up a manufacturing hub along with other Indian companies. As sales in the US stagnate, it's also on the acquisition path in India. Meanwhile, building market share for its Januvia generic is going to be an uphill task.

Strategy
Torrent Talks Business Strategy • Source: Shutterstock

Torrent Pharmaceuticals Ltd. is upping its game in Mexico as sales in the US have stagnated, while Latin American markets like Brazil are continuing to deliver double-digit revenue growth despite occasional lower volumes.

Pharmaceutical market revenue in Latin America is $42.5bn, according to a July Statista report and Mexico is the second-largest in the region after Brazil. Among the top guns, Sanofi, Bayer AG, Pfizer Inc

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